April 17, 2011
Inflation in China Poses Big Threat to Global Trade
By DAVID BARBOZA - THE NEW YORK TIMES
SHANGHAI — As the United States and Europe struggle to get their economies rolling again, China is having the opposite problem: figuring out how to keep its revved-up growth...
HOLA MOHALLA CELEBRATIONS
Devotion beats inflation
Anandpur Sahib, March 19
It began with a modest serving of tea and food in 1978. Now, the elaborate ‘Neher Wala Langar’, organised as part of the six-day Hola Mohalla festival, even serves juice along with regular food items.
But, the most...
Onion traders go on strike against I-T raids
Disrupting supply to retailer, onion traders in Delhi’s Azadpur mandi on Wednesday went on a strike, protesting against raids by the Income Tax department.
“The onion auction did not take place today,” said Tomato and Onion Merchant Association...
Soaring onion and other vegetables’ prices led to a sharp rise in inflation at 18.32 per cent for the week ended December 25, a development that may prompt the Reserve Bank to tighten monetary policy to check further escalation in commodity costs.
Food inflation jumped up by 3.88 percentage...
Leading bankers on Tuesday ruled out any rise in the interest rate regime in the second quarter despite the increased pressure on the rates following the Reserve Bank policy action.
Admitting that the Reserve Bank decision to raise the short-term lending (repo)...
March 30, 2010
India struggles under rampant food inflation
By Andy Hoffman
From Wednesday's Globe and Mail
Overall inflation close to 10 per cent and...